Seniors and Housing€¦ · The Ministry of Seniors and Housing provides safe and affordable...

Seniors and HousingAnnual Report 2018 – 2019

Note to Readers: Copies of the annual report are available on the Alberta Open Government Portal website www.alberta.ca Seniors and Housing

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Table of Contents Preface ............................................................................................................................................ 3

Message from the Minister ............................................................................................................ 4

Management’s Responsibility for Reporting ............................................................................... 5

Results Analysis ............................................................................................................................ 6

Ministry Overview .................................................................................................................... 7

Organizational Structure ..................................................................................................... 7

Discussion and Analysis of Results .................................................................................... 11

Outcome One .................................................................................................................... 11

Outcome Two .................................................................................................................... 13

Performance Measures and Indicators ............................................................................. 15

Performance Measure and Indicator Methodology ............................................................ 20

Financial Information ................................................................................................................... 23

Ministry Financial Highlights ................................................................................................ 24

Statement of Revenues and Expenses (unaudited) ......................................................... 24

Revenue and Expense Highlights ..................................................................................... 25

Breakdown of Revenues (unaudited) ................................................................................ 26

Expenses – Directly Incurred Detailed by Object (unaudited) .......................................... 28

Supplemental Financial Information.................................................................................... 30

Tangible Capital Assets (unaudited) ................................................................................. 30

Financial Statements of Other Reporting Entities ............................................................. 32

Alberta Social Housing Corporation .................................................................................. 33

Other Financial Information ........................................................................................................ 59

Lapse/Encumbrance (unaudited) ......................................................................................... 60

Annual Report Extracts and Other Statutory Reports ............................................................. 62

Introduction

Seniors and Housing | Annual Report 2018–2019 3

Preface The Public Accounts of Alberta are prepared in accordance with the Financial Administration Act and the

Fiscal Planning and Transparency Act. The Public Accounts consist of the annual report of the

Government of Alberta and the annual reports of each of the 21 ministries.

The annual report of the Government of Alberta contains the consolidated financial information of the

province and the Measuring Up report, which compares actual performance results to desired results

set out in the government’s strategic plan.

This annual report of the Ministry of Seniors and Housing contains the financial information of the

ministry and a comparison of actual performance results to desired results set out in the ministry

business plan. This ministry annual report also includes:

financial information of entities the ministry comprises, including the Department of Seniors and

Housing and the Alberta Social Housing Corporation; and

other financial information as required by the Financial Administration Act and Fiscal Planningand Transparency Act, which may be separate reports or as a part of the financial information, tothe extent that the ministry has any information to report.

In December 2018, government announced changes to the 2018-19 ministry annual reports. Ministry

and department audited financial statements previously included in the annual report of the Ministry of

Seniors and Housing have been replaced with the financial information of the ministry on pages 23-61.

Key information previously contained in the annual reports of each of the 21 ministries is now included

in the audited consolidated financial statements of the province.

Introduction

4 Seniors and Housing | Annual Report 2018–2019

Message from the Minister The Ministry of Seniors and Housing provides safe and affordable

housing for low-income Albertans, and ensures seniors have the

resources and care they need.

The ministry provides housing options for more than 110,000 Albertans,

including families, seniors and individuals with special needs. We

achieve this through our partnerships with other orders of government

and civil society organizations, which Albertans wholeheartedly support

by leading all provinces in volunteering their time and charitable

contributions.

The ministry delivers financial assistance to seniors and raises awareness of issues that some seniors

face, such as elder abuse and social isolation. We honour seniors who served their families, friends and

coworkers for a lifetime, building Alberta into what it is today, with events including Seniors’ Week and the

Day of Older Persons in Alberta.

The following report highlights results achieved by the Ministry of Seniors and Housing in the 2018-19

fiscal year.

There are now approximately 605,000 seniors in Alberta, about 14 per cent of the total population. By

2035, the Office for Statistical Information (Treasury Board and Finance) estimates the number of Alberta

seniors will nearly double to more than one million, and make up almost one in five Albertans (18 per

cent).

Seniors and Housing will continue to develop policies and programs that respond to an aging population.

Ministry programs and services will support the growing number of seniors to ensure their safety,

well-being and ability to age in their chosen community.

I look forward to working with my government colleagues, ministry staff, and a wide range of civil society

organizations to ensure that we meet the needs of seniors and Albertans who require affordable housing.

[Original signed by]

Josephine Pon

Minister of Seniors and Housing

June 2019

Introduction


Management’s Responsibility for Reporting The Ministry of Seniors and Housing includes the Department of Seniors and Housing and the Alberta

Social Housing Corporation.

The executives of the individual entities within the ministry have the primary responsibility and

accountability for the respective entities. Collectively, the executives ensure the ministry complies with all

relevant legislation, regulations and policies.

Ministry business plans, annual reports, performance results and supporting management information are

integral to the government’s fiscal and strategic plan, annual report, quarterly reports and other financial

and performance reporting.

Responsibility for the integrity and objectivity of the accompanying ministry financial information and

performance results for the ministry rests with the Minister of Seniors and Housing. Under the direction of

the Minister, I oversee the preparation of the ministry’s annual report, including the financial information

and performance results. The financial information and the performance results, of necessity, include

amounts that are based on estimates and judgments. The consolidated financial information are

prepared in accordance with the government’s stated accounting policies which are based on Canadian

public sector accounting standards. The performance measures are prepared in accordance with the

following criteria:

Reliability – information used in applying performance measure methodologies agrees with the

underlying source data for the current and prior years’ results.

Understandability – the performance measure methodologies and results are presented clearly.

Comparability – the methodologies for performance measure preparation are applied consistently

for the current and prior years’ results.

Completeness – outcomes, performance measures and related targets match those included in

the ministry’s Budget 2018.

As Deputy Minister, in addition to program responsibilities, I am responsible for the ministry’s financial

administration and reporting functions. The ministry maintains systems of financial management and

internal control, which consider costs, benefits, and risks that are designed to:

provide reasonable assurance that transactions are properly authorized, executed in accordance

with prescribed legislation and regulations, and properly recorded so as to maintain accountability

of public money;

provide information to manage and report on performance;

safeguard the assets and properties of the province under ministry administration;

provide Executive Council, the President of Treasury Board and Minister of Finance, and the

Minister of Seniors and Housing the information needed to fulfill their responsibilities; and

facilitate preparation of ministry business plans and annual reports required under the Fiscal

Planning and Transparency Act.

In fulfilling my responsibilities for the ministry, I have relied, as necessary, on the executives of the

individual entities within the ministry.

[Original signed by]

Susan Taylor

Deputy Minister of Seniors and Housing

May 24, 2019

Results Analysis


Results Analysis

Table of Contents

Ministry Overview ...................................................................................................................... 7

Organizational Structure ....................................................................................................... 7

Discussion and Analysis of Results ........................................................................................ 11

Outcome One ........................................................................................................................ 11

Outcome Two ........................................................................................................................ 13

Performance Measures and Indicators ................................................................................. 15

Performance Measure and Indicator Methodology ................................................................ 20

Results Analysis


Ministry Overview

The Ministry of Seniors and Housing is comprised of the department of Seniors and Housing, as well as

the Alberta Social Housing Corporation and the Office of the Seniors Advocate.

The ministry promotes the well-being of and quality of life for Alberta seniors and people in need of

affordable housing. It develops and delivers programs and services that assist seniors, and promotes

safety and well-being for Alberta’s aging population. The ministry fosters the development of affordable

housing and supports access to housing options for Albertans most in need.

In 2018-19, Seniors and Housing strived to achieve two outcomes:

Outcome One: Seniors have access to programs, services and supports that help them live

safely and independently in their chosen communities.

Outcome Two: Albertans have access to appropriate housing and integrated housing supports.

Organizational Structure

Seniors and Housing

Seniors Services Division

The Seniors Services Division offers a number of financial assistance programs and services for Albertans aged 65 and over, to support seniors in living independently and to promote their safety and well-being. Programs and initiatives include the Alberta Seniors Benefit, Supplementary Accommodation Benefit, Special Needs Assistance for Seniors, the Seniors Property Tax Deferral Program, and the Seniors Home Adaptation and Repair Program. Utilizing a one-window application approach, the Division also administers enrolment into Alberta Health’s dental, optical and drug programs for seniors.

Seniors Services’ programs are governed by the following acts: Seniors Benefit Act, Seniors' Home Adaptation and Repair Act, and the Seniors' Property Tax Deferral Act. The associated regulations are the Seniors Benefit Act General Regulation, the Seniors' Home Adaptation and Repair Regulation and the Seniors' Property Tax Deferral Regulation.

Minister of Seniors and Housing

Housing DivisionStrategic Services

Division

Office of the Seniors Advocate

Seniors Services Division

Deputy Minister of Seniors and Housing

Alberta Social Housing

Corporation

http://www.qp.alberta.ca/570.cfm?frm_isbn=9780779808823&search_by=link







Results Analysis


Seniors Services also shares responsibility for the Health Grants Regulation with the Ministry of Health, which allows for the issuing of grants such as the Aging Well in the Community Grant Program.

As of February 2019, over 605,000 people 65 years and older called Alberta home, which equals

approximately 14 per cent of Alberta’s population. Alberta’s seniors are vibrant members of our

communities who are parents, grandparents, mentors, friends, neighbours, employers, employees and

volunteers. Alberta’s seniors share their knowledge, experience, and time to contribute to the economic

well-being and social fabric of the province. The projected population will nearly double to reach almost

18 per cent of Alberta’s population by 2035.

Housing Division

The ministry supports the development of affordable housing and ensures that Albertans in need have

access to housing options. Seniors and Housing develops programs that support affordable housing and

provides funding to diverse housing providers to deliver housing services to Albertans across the

province.

The ministry collaborates with a number of housing providers to serve Albertans. This includes

approximately 100 housing management bodies (HMBs), established through Ministerial Order, that

operate housing programs for the ministry throughout the province, in addition to more than 350 other

types of housing providers.

The ministry is accountable for Alberta’s seniors’ lodges, social and affordable housing. Housing

programs are governed by the Alberta Housing Act and its regulations: the Social Housing

Accommodation Regulation, Rent Supplement Regulation, Management Body Operation and

Administration Regulation, Housing Accommodation Tenancies Regulation, and the Lodge Assistance

Program Regulation.

http://www.qp.alberta.ca/documents/Regs/2002_146.pdf

http://www.qp.alberta.ca/documents/Acts/A25.pdf









Results Analysis


Number of Units and Type of Housing in Alberta supported by Housing Division

Strategic Services Division

This Division offers support to the rest of the ministry, and includes areas such as strategic policy,

corporate services and finances. The division also provides support to the Office of the Seniors

Advocate.

Agencies, Boards and Commissions

Alberta Social Housing Corporation

The Alberta Social Housing Corporation is a Crown corporation created under the Alberta Housing Act

that holds social housing assets and distributes funds for housing capital projects and programs. The

ASHC owns and administers the province’s portfolio of seniors’ lodges and social housing (seniors’ self-

contained, and family and community housing), and manages agreements for its housing assets. The

ASHC receives funding from the federal and provincial government to support the subsidization of

operators for housing affordability. The Corporation is governed by a board of directors, which is chaired

by the Minister. The Deputy Minister of Seniors and Housing is President of the Corporation. Government

officials from the Ministry of Seniors and Housing and the Ministry of Treasury Board and Finance also

serve on the board.

Special Needs Housing, 3%

Seniors' Lodges, 16%

Community Housing, 16%

Rent Supplement, 18%

Seniors' Self Contained Housing,

22%

Affordable Housing Capital Grants, 25%

Affordable Housing Capital Grants:about 16,575 units. Provincial funding for the capital development of housing units where the owner (private landlord, HMB, etc.) guarantees to rent at least 10 per cent lower than market rates for up to 20 years.

Seniors’ Self-Contained Housing: about 14,350 units.Apartment-type dwelling for low- and moderate-income seniors who are functionally independent.

Special Needs Housing: about 2,090units. Housing for individuals and families with special housing needs such as seniors, those with physical disabilities, and victims of family violence.

Seniors’ Lodges: about10,325 units. Single- and double-occupancy bed/sitting rooms, with meals, housekeeping and other services for functionally independent seniors.

Community Housing: about10,800 units. Subsidized rental housing for low-income families, seniors and individuals with special needs.

Rent Supplement: about11,500 units. Assistance to households in need to obtain and maintain affordable and suitable rental housing.

TOTAL: about 65,640 units

Results Analysis


Seniors Advocate

The Alberta Seniors Advocate, Dr. Sheree Kwong See, was appointed in 2016. The purpose of the office

is to provide resolution support to senior Albertans and their families, analyze trends to identify systemic

issues, and make recommendations to the Minister to improve seniors’ services and programs.

The Office of the Seniors Advocate provides information to seniors and their families on issues related to

government-funded programs, supports and services. The Advocate also advises the government on

issues seniors and their families are facing. The Seniors Advocate reports directly to the Minister of

Seniors and Housing, and provides the Minister with an annual report summarizing the Advocate’s

activities in that year. This report is tabled in the Legislative Assembly.

Results Analysis


Discussion and Analysis of Results

Outcome One

Seniors have access to programs, services and supports that help them live safely and

independently in their chosen communities.

Seniors and Housing identified risks that could affect the ability to deliver on this outcome, including

changes to funding levels or eligibility requirements, changes to support by other orders of government,

and the occurrence of natural disasters.

Changes to funding levels or eligibility requirements for housing or support programs provided by other

orders of government could result in pressure for the ministry to adjust current and future commitments.

For 2018-19 there were no changes instituted by other levels of government that necessitated such

adjustments.

Any changes to supports provided by other orders of government could potentially affect the incomes of

Alberta’s seniors and impact ministry financial benefit programs. Should the impact be significant enough,

it could create an un-resourced demand for ministry benefits and supports over the course of the three-

year business cycle. For 2018-19 there were no changes instituted by other levels of government that

caused an un-resourced demand for ministry financial benefit programs.

Natural disasters, such as fires and floods, may affect the ministry’s ability to focus on planned initiatives

as resources are diverted to emergency management and recovery response. In 2018-19 there were no

natural disasters that required the ministry to divert resources to emergency management and recovery

response.

Key Strategies

1.1 Provide individual and community-based programs and services that support seniors to

fully participate in their chosen communities.

Supporting Independence

The Ministry of Seniors and Housing supported seniors independence through various programs and

services.

Alberta Seniors Benefit

o More than 160,000 seniors received benefits from this program in 2018-19.

Special Needs Assistance

o Approximately 34,000 seniors received benefits from this program in 2018-19.

Seniors Home Adaptation and Repair Program

o This program provided 542 loans and 229 grants in 2018-19.

Seniors Property Tax Deferral

o The program provided more than 2,200 low-interest home equity loans in 2018-19.

Results Analysis


Supplementary Accommodation Benefit

o This program provided benefits to 12,800 seniors in 2018-19.

Seniors’ Self-Contained Housing

o Operational support was provided to Housing Management Bodies for 14,250 Seniors’

Self-Contained Housing units.

Aging Well in Community grant program

o The Aging Well in Community Grant Program has provided more than $1.6 million to 28

community organizations throughout Alberta.

Keeping seniors and service providers informed

To ensure Alberta’s seniors are aware of any benefits for which they may be eligible, the Government of

Alberta sends all Albertans the Seniors Financial Assistance program information and an application

package three months before they turn 65 years of age.

The ministry supports the Grey Matters Conference, which provides education and networking

opportunities to front-line staff from agencies and organizations that provide direct supports and services

to seniors across the province.

The ministry’s Age-Friendly Alberta Newsletter is forwarded to over 1,400 stakeholders across the

province to provide consistent, relevant and timely information on ministry programs and other supports

for seniors.

Preventing and addressing elder abuse

Preventing and addressing elder abuse is an ongoing priority for the ministry. With the understanding that

all sectors and citizens have roles in preventing and addressing elder abuse, Seniors and Housing works

with a variety of stakeholders to help Albertans recognize, refer, respond to and reconnect with those

impacted by elder abuse.

Indexing assistance to inflation

The ASB, benefits under the SNA program and the disposable income amount used to determine the Supplementary Accommodation Benefit were indexed to inflation using the Alberta Consumer Price Index, as of January 1, 2019.

Transportation options

Transportation helps seniors stay engaged and connected in their communities. The Government of

Alberta continues to collaborate with many partners, including the University of Alberta’s Medically At-

Risk Driver (MARD) Centre, to improve transportation options available to seniors in our province.

Facilitating aging at home and in community

Seniors and Housing is a member of the Federal, Provincial and Territorial (FPT) Ministers Responsible

for Seniors Forum. The current forum priorities include exploring the role of accessible and affordable

housing and community supports in facilitating aging at home and in community.

Results Analysis


1.2 Explore approaches to effectively respond to current and future needs of the diverse

population of seniors, such as Indigenous, newcomer or LGBTQ2S+ seniors, who reside in

the province.

The Ministry of Seniors and Housing used the following tools:

The FPT Ministers Responsible for Seniors Forum

Aging Well in Community grants

Mental Health First Aid Seniors training

Seniors Advisory Forum

1.3 Develop and implement initiatives to address ageism and recognize seniors’ vital

contributions to the province.

The Ministry of Seniors and Housing addressed ageism and recognized seniors through:

The FPT Ministers Responsible for Seniors Forum

Aging Well in Community grants

Seniors’ Week

Minister’s Seniors Service Awards

Day of Older Persons in Alberta

October 1 is celebrated in Alberta as a day where the contributions of older Albertans are

acknowledged, awareness is raised about seniors’ interests and concerns, and misconceptions are

addressed about older persons and aging.

Outcome Two

Albertans have access to appropriate housing and integrated housing supports.

Risks identified to delivering on this outcome include changes to funding levels from other orders of

government, and the occurrence of natural disasters including fires or floods.

To address funding risks, HMBS are submitting three-year budgets to help anticipate cost pressures and

better allocate funding. Leveraging funding from federal, municipal and other partners will extend the

provincial contributions. Models such as mixed-income will allow for greater revenues to offset costs and

allow for the development and replacement of aging housing stock. In addition, Alberta has signed a

bilateral agreement to access federal funding for housing under the National Housing Strategy. This will

ensure that Alberta maintains the required flexibility to adapt to changing funding levels or eligibility

requirements.

The Housing division has also developed a “Housing Response Protocol” to clearly define the roles and

responsibilities in responding to a natural disaster to ensure that ongoing operations are not affected, and

to ensure that the division is able to respond appropriately to a disaster event.

Results Analysis


Key Strategies

2.1 Continue to work with housing providers, other orders of government and stakeholders to

advance the actions of the Provincial Affordable Housing Strategy.

The Provincial Affordable Housing Strategy implementation was supported through a stakeholder

advisory structure that consists of a steering committee and several working groups.

2.2 Continue to invest in a sustainable housing system through regeneration, renewal and

building a new supply of affordable housing options through collaboration with other orders

of government and housing providers.

Seniors and Housing leads a Collaborative Table on Affordable Housing with Edmonton, Calgary

and three other ministries (Community and Social Services, Health and Municipal Affairs) to

collaborate on and inform affordable housing matters of common interest, including homelessness.

2.3 Implement an affordable housing program to provide affordable housing options for

off-reserve Indigenous populations in the province.

In 2018, the Government of Alberta announced the Indigenous Housing Capital Program and started

accepting applications for planning and construction funding. Applications are reviewed quarterly by a

cross-ministry panel with representatives from Seniors and Housing, Community and Social Services,

Children’s Services, Indigenous Relations, Health, and Infrastructure.

2.4 Work with the federal government to establish agreements that outline how federal funding

will support improved affordability for Albertans, protect and regenerate Alberta’s affordable

housing portfolio.

In March 2019, Seniors and Housing negotiated with the Government of Canada to reach a bilateral

agreement on federal funding for housing, as described in the National Housing Strategy.

The bilateral agreement will make $339 million in federal funding available to Alberta between 2019-20 and

2027-28, starting with $25.4 million in 2019-20. Negotiations continue to support additional funding for the

Canada Housing Benefit, set to begin in 2020.

Results Analysis


Performance Measures and Indicators

Performance Measure 1.a: SHARP Performance Measure

Percentage of Seniors Home Adaptation Repair Program (SHARP) Loan Recipients Who

Report the Program Will Help Them to Remain in Their Home Longer (Biennial Survey)

The result for the SHARP performance measure in 2018-19 was 91 per cent. The most common loans funded under SHARP include essential home repairs and adaptations such as home roof repairs, windows, furnaces, and bathrooms.

91% 91% 90%+

0%

10%

20%

30%

40%

50%

60%

70%

80%

90%

100%

Actual2017-18

Actual2018-19

Target2018-19

Results Analysis


Performance Indicator 1.a: Seniors Income Relative to Population

Seniors’ median income as a proportion of population median income

This indicator refers to the median income of seniors as a proportion of the median income of the general

population, and looks at how Albertans and Canadians compare in this regard.

Between 2014 and 2015, Alberta’s seniors had the greatest year-over-year increase in median income

within the previous five years. In 2016, Alberta seniors’ median income was 74.4 per cent of the median

income of Alberta’s population as a whole. Between 2015 and 2016, seniors’ median income remained

stable, but their median income compared to the general population increased.

Compared to their Canadian peers, Alberta’s seniors are observed to have lower income parity with the

general population. However, the trend over the last three reporting periods shows that the gap between

Alberta seniors’ income parity and Canadian seniors’ income parity is decreasing. This has resulted from

the increases in Alberta seniors’ median income while the median income of the general population in

Alberta has remained stable or decreased. When 2017 data is available from Statistics Canada, Alberta

seniors’ median income relative to the general population may show a change due to economic factors

affecting the general population.

A large proportion of senior’s income comes from federal income sources (Canada Pension Plan (CPP),

Old Age Security (OAS) and Guaranteed Income Supplement (GIS)), and if applicable, private pensions

and employment income. Seniors and Housing’s ASB supplements federal income sources by providing

an additional benefit to seniors with low income. The SAB ensures seniors residing in long-term care or

designated supportive living have $322 in disposable income after paying care facility accommodation

charges.

68.2% 68.1% 68.4%72.3%

74.4%78.6% 78.8% 79.0% 79.6% 78.9%

0%

10%

20%

30%

40%

50%

60%

70%

80%

90%

100%

ActualTax Year 2012

ActualTax Year 2013

ActualTax Year 2014

ActualTax Year 2015

ActualTax Year 2016

Alberta Canada

Results Analysis


Performance Indicator 1.b: Seniors’ Life Satisfaction

Percentage of Alberta seniors reporting life satisfaction (satisfied or very satisfied)

This indicator provides insight into seniors’ quality of life in Alberta by asking seniors to rate their life

satisfaction in Statistics Canada’s Canadian Community Health Survey. In 2017, 89.3 per cent of Alberta

seniors reported being satisfied or very satisfied with their life, compared to 90.2 per cent of Canadian

seniors. Over the last three survey cycles, Alberta has seen a consistent proportion of seniors who self-

reported life satisfaction as satisfied or very satisfied.

To support seniors’ life satisfaction, the ministry provides programs, services and supports that enable

seniors to live safely and independently, contributing to their life satisfaction. Seniors and Housing

provides support that enables seniors to age in their chosen community. This includes the Seniors Home

Adaptation and Repair Program, which provides low-interest home equity loans and grants for repairs and

accessibility modifications; the Seniors Property Tax Deferral Program that helps seniors defer part, or all,

of their residential property tax through low-interest home equity loans; and financial assistance is

available to seniors with low income through the Alberta Seniors Benefit and Special Needs Assistance

for Seniors programs. To highlight the positive images of aging and help address ageism, the

contributions of seniors to Alberta is highlighted through initiatives such as the celebration of Seniors’

Week, Grey Matters conference, Day of Older Persons in Alberta, and Elder Abuse Prevention. The

Minister’s Seniors Service Awards recognize the important contribution that volunteers make to support

seniors in Alberta.

Seniors and Housing collaborates with government, civil society organizations, and seniors to develop

strategic policy initiatives that support seniors in their own community. Specific initiatives include creating

age-friendly communities, participation in the FPT Ministers Responsible for Seniors Forum, and

providing transportation options through the Medically At-Risk Driver Centre. The Office of the Seniors

Advocate also provides information on a number of these initiatives, and provides important guidance on

seniors’ issues.

90.2% 91.1% 89.3%89.7% 89.9% 90.2%

0%

10%

20%

30%

40%

50%

60%

70%

80%

90%

100%

Actual2015

Actual2016

Actual2017

Alberta Canada

Results Analysis


Performance Measure 2.a: Facility Condition

Housing Facilities- Physical Condition

Facility Condition Index (FCI) is a common measure across the Government of Alberta for reporting and

comparing the physical condition of facilities. The FCI assists Seniors and Housing in rating and

prioritizing facility maintenance, regeneration or renewal needs. The measure is most useful when looked

at over a period of time. Facility Condition Assessments, which inform the FCI, run on a multi-year cycle,

which means that investments made during the current assessment cycle may not affect the FCI until the

next cycle.

The results for the 2017-18 fiscal year show that facilities in the Good category accounted for 29 per cent

of the housing portfolio (by area). Fair facilities are reported to be 67 per cent, while facilities ranked as

Poor make up four per cent. Since 2014, there has been a decline in Good facility rankings, while the

majority remain in Fair condition. The growing number of Fair-ranked facilities will need to be addressed

to ensure Albertans living in affordable housing continue to have quality accommodations.

Most facilities were built in the 1980s, and the aging of the housing portfolio contributes to rising

maintenance costs. Seniors and Housing has been increasing funding to maintenance and renewal, and

the overall trend should be towards improved condition in coming years. These investments will help

improve facilities in need of maintenance, and improve the overall FCI in the future.

The Provincial Affordable Housing Strategy, committed $1.2 billion to creating new housing and

regenerating existing units. For the provision of new and regenerated affordable housing units, $45

million, $144 million, and $16 million have been allocated for Family and Community Housing, Seniors

Housing, and Affordable and Specialized Housing respectively. Fifteen projects were completed in 2018-

19, with 15 units regenerated and 773 units built.

37% 39%33% 29%

34%

59% 59% 63% 67%62%

4% 2% 4% 4% 4%

0%

10%

20%

30%

40%

50%

60%

70%

80%

90%

100%

Actual2014-15

Actual2015-16

Actual2016-17

Actual2017-18

Target2018-19

Good Fair Poor

Results Analysis


Performance Indicator 2.a: Core Housing Need

This indicator provides information on the proportion of Albertans in rental households who

are in core housing need.

A household is in core housing need if its housing is unsuitable, inadequate or unaffordable, and if it

cannot pay the median rent of alternative local housing that meets all three criteria. Housing is defined as

adequate when it does not require major repairs according to its residents; suitable when it has enough

bedrooms for the size and make-up of resident households, according to the National Occupancy

Standard (NOS); and affordable when its shelter costs represent less than 30 per cent of before-tax

household income.

Within Alberta, there is considerable variation across demographic groups. Specifically, among all

households, approximately 11 per cent are considered to be in core housing need, but this number rises

to nearly 25 per cent when only considering renter households. Within lone-parent renter families, it is

observed that 42 per cent are in core housing need, a number that has remained stable. Senior-led renter

households in core housing need have increased from 33 per cent in 2001 to 45 per cent in 2016. The

Government of Alberta is working to address the important housing needs of seniors by allocating more

than a third of government-supported affordable housing to seniors, as the seniors population is expected

to nearly double by 2035.

Among Aboriginal renter households living off-reserve, 30 per cent are considered in core housing need.

The Government of Alberta is assisting these households through the Indigenous Housing Capital

Program, which supports the provision of culturally appropriate housing by Indigenous housing operators

and partners. The Government of Alberta is working to reduce core housing need by providing supports

for those in need of safe, suitable and affordable housing. Additionally, amendments have been made to

the Social Housing Accommodation Regulation (SHAR) to better prioritize Albertans with the greatest

need and help ensure they are able to access the housing they require.

23

.1%

22

.8%

23

.2%

24

.7%33

.5%

37

.4%

41

.9%

45

.3%

42

.4%

39

.6%

41

.2%

42

.3%

31

.1%

28

.1%

31

.5%

30

.3%

0%

10%

20%

30%

40%

50%

60%

70%

80%

90%

100%

Actual2001

Actual2006

Actual2011

Actual2016

All rental households Senior-led households Lone parent families Aboriginal households

Results Analysis


Performance Measure and Indicator Methodology

Performance Measure 1.a: SHARP Performance Measure

Methodology

The survey question the measure is based on is: “To what extent do you agree with the following

statement? The SHARP program will help me remain in my home longer”, and includes a five-point

response range of strongly agree to strongly disagree. The result reflects those respondents who

strongly agree, and somewhat agree. The SHARP survey will be conducted every two years, with the

next result to be available in 2020-21.

Numerator: Total number of respondents who strongly agree, and somewhat agree

Denominator: Total number of respondents who answered the question

The number of respondents for the denominator excludes “Don’t know/Don’t remember” responses to

ensure that results only reflect those who have an opinion.

Source

Data for this measure is collected through a telephone survey of SHARP clients who receive a loan in

the benefit year (July 1 to June 30). Grant recipients of the program are not included in the sample.

The telephone surveys are conducted by a third-party vendor hired through a Request for Research

procurement process.

Performance Indicator 1.a: Seniors’ Income Relative to Population

Methodology

This indicator’s value is calculated by taking the median income of those 65 years and over and dividing

by the median income of all ages. Since 2000, this data has been available annually, with a one and a

half-year lag. The data is collected annually, with 2017 data expected to be released in summer 2019.

Source

Data for this indicator comes from Statistics Canada’s Annual Income Estimates for Census Families

and Individuals, which uses tax filer data (the T1 Family File) to produce Table 11-10-0039-01 Tax filers

and dependents, seniors with income by source of income and age.

Results Analysis


Performance Indicator 1.b: Seniors’ Life Satisfaction

Methodology

The indicator value is the percentage of those aged 65 years and over who report being satisfied or

very satisfied with their lives. Life satisfaction is based on a self-reported score from zero (very

dissatisfied) to 10 (very satisfied) for how respondents feel about their life as a whole at that moment.

Satisfied or very satisfied represents those who indicate a value of six or more out of 10. The data is

collected annually, with 2018 data expected to be released in fall 2019.

Source

This indicator’s data is from Statistics Canada’s Canadian Community Health Survey (CCHS). The

CCHS data is used to produce Table 13-10-0096-01: Health characteristics, annual estimates.

Note that this indicator previously used two-year period estimates (Statistics Canada. Table 13-10-

0113-01: Health characteristics, two-year period estimates.). Annual estimates are being used because

this data is available more frequently. The results are comparable to two-year period estimates, but the

annual estimates do not include the Territories, and have smaller sample sizes.

Performance Measure 2.a: Facility Condition

Methodology

The FCI is the ratio of current and future repair to replacement costs. The FCI is calculated using

deferred and projected five-year maintenance costs as the numerator, and the current replacement

value as the denominator. Facility Condition Assessments are performed in a multi-year cycle,

capturing the physical condition of the facility and its projected maintenance costs. Deferred

maintenance is added throughout the cycle automatically. Improvements to repair and maintenance are

not captured immediately, but on the next assessment cycle.

The FCI categories are poor, fair and good. Poor represents FCI ratios of greater than 0.40. Fair

includes FCI ratios from over 0.15 to 0.40, and good includes facilities with FCI ratios of 0.15 or less.

The percentages for each category in the measure are calculated by taking the total area of facilities in

each FCI category (good, fair or poor) and dividing by the total area of all audited facilities.

Source

Seniors and Housing works collaboratively with the Ministry of Infrastructure to develop an inventory

listing of all affordable housing facilities’ condition evaluations. Infrastructure completes the

assessments for each housing asset, assigns the rating, and provides the results to Seniors and

Housing after review and approval of the data. Calculations, data administration, and quality control are

also within the purview of Infrastructure.

Results Analysis


Performance Indicator 2.a: Core Housing Need

Methodology

This indicator is based on self-reporting through the Canadian Income Survey-based housing indicators

and data developed by the Canada Mortgage and Housing Corporation (CMHC). It is updated every

five years with data from the National Census and the National Household Survey.

Source

CMHC. Table: Characteristics of Households in Core Housing Need: Canada, Provinces, Territories,

Census Metropolitan Areas (2001, 2006, 2011). Core housing need data for 2016 was obtained directly

from CMHC.

Financial Information



Table of Contents

Ministry Financial Highlights .................................................................................................... 24

Statement of Revenues and Expenses (unaudited) ............................................................. 24

Revenue and Expense Highlights ......................................................................................... 25

Breakdown of Revenues (unaudited) .................................................................................... 26

Expenses – Directly Incurred Detailed by Object (unaudited) .............................................. 28

Supplemental Financial Information........................................................................................ 30

Tangible Capital Assets (unaudited) ..................................................................................... 30

Financial Statements of Other Reporting Entities ................................................................. 32

Alberta Social Housing Corporation ...................................................................................... 33



Ministry Financial Highlights

Statement of Revenues and Expenses (unaudited)

2019 2018 Change from

Budget (Restated)

Actual Actual (Restated)

Budget

(Restated) 2018 Actual (Restated)

(in thousands)

Revenues

Government transfers

Federal government grants $ 112,164 $ 91,078 $ 125,986 (21,086) (34,908)

Investment income 3,492 9,415 4,825 5,923 4,590

Other revenue 10,627 30,569 31,055 19,942 (486)

Ministry total 126,283 131,062 161,866 4,779 (30,804)

Inter-ministry consolidation adjustments (8,066) -

(8,066)

(8,066)

Adjusted ministry total 126,283 122,996 161,866 (3,287) (38,870)

Expenses - Directly Incurred

Programs

Ministry Support Services 5,375 5,600 5,328 225 272

Seniors Services 34,583 34,148 33,482 (435) 666

Alberta Seniors Benefit 371,801 390,551 367,756 18,750 22,795

Housing 11,773 12,183 11,206 410 977


256,190 284,365

302,998

28,175

(18,633)

679,722 726,847 720,770 47,125 6,077

Debt Servicing


5,112 5,026

5,354

(86)

(328)

Ministry total 684,834 731,873 726,124 47,039 5,749

Inter-ministry consolidation adjustments (330)

(13,846)

(330) 13,516

Adjusted ministry total 684,834 731,543 712,278 46,709 19,265

Annual Deficit $ (558,551) $ (608,547) $ (550,412) $ (49,996) $ (58,135)



Revenue and Expense Highlights

Revenues

Total revenue for the ministry in 2018-19 was $131.1 million.

Transfers from the Government of Canada decreased by $21.1 million from the budget due to a reduction in funding from the Canada Mortgage and Housing Corporation (CMHC), as part of the Social Housing Agreement schedule and the completion of the Social Infrastructure Fund program.

Investment income increased by $5.9 million from the budget due to an increased cash balance in the Alberta Social Housing Corporation (ASHC).

Other revenue increased by $19.9 million from the budget, which was primarily due to a transfer from Alberta Health for the Affordable Supportive Living Initiative (ASLI), the reversal of affordable housing grants that did not proceed, and for Housing Management Bodies audit adjustments.

The inter-ministry consolidation adjustment relates to the internal government transfer from Alberta Health for the ASLI program in the amount of $8.1 million.

Expenses

Total expenses for the ministry totalled $731.9 million, reflecting an increase of $47.0 million from the budget and $5.7 million from 2017-18 actuals.

Programs such as the Alberta Seniors Benefit and Special Needs Assistance for Seniors (Seniors Services) assist low-income seniors by providing supplemental income and other financial supports. An increased number of seniors have benefitted from these programs, which combined with recent legislation changes indexing the benefit amounts, resulted in an increase of $18.3 million over budget.

ASHC's $28.2 million increase in expenses from the budget was due to one-time funding that was re-profiled from capital investment to fund additional capital grants for non-government owned projects.



Breakdown of Revenues (unaudited)

2019 2018

Budget Actual Actual

(in thousands)

Federal and other government grants

Canada Mortgage and Housing Corporation (CMHC)

Social Housing Agreement & Investment in Affordable Housing $ 112,164 $ 91,078 $ 125,986

Investment income 3,492 9,415 4,825

Other revenue

Recoveries from housing providers 7,794 9,361

Transfer from Alberta Health 8,066 -

Refunds of expenditure 527 8,945 12,639

Contribution from housing providers and third parties 2,509 2,985

Gain on disposal of tangible capital assets 1,200 1,555 2,116

Rental revenue 362 789

Miscellaneous 8,900 1,338 3,165

10,627 30,569 31,055

Total ministry revenues $ 126,283 $ 131,062 $ 161,866



2019 Actual

(in thousands)

CMHC funding, the largest contribution to revenue for the ministry, accounted for 70 per cent of total revenue received. Federal government grants for 2018-19 totalled $91.1 million.

2018-19 investment income was $9.4 million, which accounted for 7 per cent of total revenue for the ministry. This is a $5.9 million increase from the budget, primarily due to a higher cash balance in ASHC.

Other revenue includes prior year recoveries of expenses from housing providers and internal transfers from other government departments. This totalled $30.6 million for 2018-19, accounting for 23 per cent of the revenue recorded for the year.

Investment Income, $9,415, 7%

Other revenue, $30,569, 23%

Federal and other government grants,

$91,078, 70%



Expenses – Directly Incurred Detailed by Object (unaudited)

2019

2018

Budget

Actual

Actual (Restated)

(in thousands)

Salaries, wages and employee benefits $ 27,326 $ 27,585 $ 26,189

Supplies and services 10,607 10,791 10,383

Grants 602,396 652,937 633,974

Amortization of tangible capital assets 39,195 35,246 36,193

Debt servicing costs 5,112 5,026 5,354

Transfer of tangible capital assets to other entities - 13,568

Other 198 288 463

Total ministry expenses $ 684,834 $ 731,873 $ 726,124



2019 Actual

(in thousands)

The ministry's largest expense was grants, which made up 89 per cent of total expenses. In 2018-19, $652.9 million was provided to support individuals, organizations and Alberta Social Housing Corporation (ASHC) through grant programs. The largest component of this allocation was the $409.7 million for the four seniors benefit programs for seniors with low incomes.

Amortization expenses totalled $35.2 million and were primarily for the tangible capital assets in ASHC. It is $3.9 million lower than the budgeted amount due to timing of capital projects.

Salaries, wages and benefits totalled $27.6 million, which accounts for 4 per cent of the total operating expenses, primarily used to manage the grants provided to seniors and for housing providers.

Supplies and services of $10.8 million consisted primarily of insurance premiums for housing assets, and printing and postage charges related to grants for seniors assistance. This section also includes support for information management systems and department operations.

Salaries, wages and employee benefits,

$27,585, 4%

Supplies and services, $10,791,

1%

Amortization of tangible capital

assets, $35,246, 5%

Debt servicing costs, $5,026, 1%

Grants, $652,937, 89%

Other, $288, 0%



Supplemental Financial Information

Tangible Capital Assets (unaudited)

Land Buildings(1) Equipment

Computer Hardware

& Software Other (2)

2019 Total

2018 Total

Estimated useful life Indefinite 10-50 years 3-40 years 3-10 years 3-50 years

(in thousands) Historical Cost(3) Beginning of year $ 167,595 $ 1,594,618 $ 99 $ 5,259 $ 2,064 $ 1,769,635 $ 1,673,902

Additions(4) 3,157 110,090 - 984 190 114,421 113,952 Disposals, including write-downs (5) (1,231) (5,802) - - (1,696) (8,729) (18,219)

$ 169,521 $ 1,698,906 $ 99 $ 6,243 $ 558 $ 1,875,327 $ 1,769,635

Accumulated Amortization

Beginning of year - 802,752 98 3,510 1,379 807,739 774,952

Amortization expense - 35,072 1 41 131 35,245 36,193

Effect of disposals including write-downs - (4,097) - - (1,199) (5,296) (3,406)

- 833,727 99 3,551 311 837,688

807,739

Net book value at March 31, 2019 $ 169,521 $ 865,179 $ - $ 2,692 $ 247 $ 1,037,639 Net book value at March 31, 2018 $ 167,595 $ 791,866 $ 1 $ 1,749 $ 685 $ 961,896

(1) Seniors and special needs buildings are amortized over 50 years, community housing buildings over 40 to 50

years, and all other buildings over 10 to 25 years.

(2) Other tangible capital assets include manufactured housing units and trailers.

(3) Historical cost includes work-in-progress at March 31, 2019, totalling $239,010 comprised of: buildings

$236,556 (2018 - $230,269) and computer hardware and software $2,454 (2018 - $1,470).

(4) Additions include non-cash acquisitions for donated tangible capital assets totalling $25 (2018 - $502).

Additions include costs incurred this year totalling $56,618 (2018 - $0) for ASHC’s proportionate share of co-

owned tangible capital assets with various third parties.

(5) Disposals include non-cash disposals totalling $2,806, comprised of transfers of tangible capital assets to other

entities $0 (2018 -$13,568) and grant-in-kind $2,806 (2018 - $1,120).



Net Book Value as of March 31, 2019

(in thousands)

Net book value of buildings providing housing as of March 31, 2019, was $865.2 million, which accounts for 84 per cent of the total tangible capital assets balance. The total value of the buildings increased by $73.3 million from the prior year, which is attributed to completion of various housing projects.

Net book value of land providing housing as of March 31, 2019, was $169.5 million which accounts for 16 per cent of the total tangible capital assets value. Land increased by $1.9 million from the prior year, which is attributed to the purchase of two pieces of land for affordable housing projects, including veteran-specific housing.

Disposal of $1.2 million in land and $5.8 million in buildings was mainly due to the nominal sum disposal of housing units to various Housing Management Bodies.

$1.7 million disposal in other tangible capital assets was related to the sale of 14 trailers.

Computer hardware & software, $2,692, 0%

Land, $169,521, 16%

Buildings, $865,179, 84%

Other, $247, 0%



Financial Statements of Other Reporting Entities

Index of Audited Financial Statements

Alberta Social Housing Corporation ................................................................................................... 33




Financial Statements

Table of Contents

Independent Auditor’s Report ............................................................................................................ 34

Statement of Operations .................................................................................................................... 37

Statement of Financial Position ......................................................................................................... 38

Statement of Change in Net Financial Assets ................................................................................... 39

Statement of Cash Flows ................................................................................................................... 40

Notes to the Financial Statements ..................................................................................................... 41

Schedule 1 - Expenses - Detailed By Object ...................................................................................... 57

Schedule 2 - Related Party Transactions .......................................................................................... 58



Independent Auditor’s Report

To the Minister of Seniors and Housing

Report on the Financial Statements

Opinion

I have audited the financial statements of the Alberta Social Housing Corporation which comprise the

statement of financial position as at March 31, 2019, and the statements of operations, change in net

financial assets, and cash flows for the year then ended, and notes to the financial statements, including

a summary of significant accounting policies.

In my opinion, the accompanying financial statements present fairly, in all material respects, the financial

position of Alberta Social Housing Corporation as at March 31, 2019, and the results of its operations, its

changes in net financial assets, and its cash flows for the year then ended in accordance with Canadian

public sector accounting standards.

Basis for opinion

I conducted my audit in accordance with Canadian generally accepted auditing standards. My

responsibilities under those standards are further described in the Auditor's Responsibilities for the Audit of

the Financial Statements section of my report. I am independent of Alberta Social Housing Corporation in

accordance with the ethical requirements that are relevant to my audit of the financial statements in

Canada, and I have fulfilled my other ethical responsibilities in accordance with these requirements. I

believe that the audit evidence I have obtained is sufficient and appropriate to provide a basis for my

opinion.

Other information

Management is responsible for the other information. The other information comprises the information

included in the Annual Report, but does not include the financial statements and my auditor’s report

thereon. The Annual Report is expected to be made available to me after the date of this auditor’s report.

My opinion on the financial statements does not cover the other information and I do not express any

form of assurance conclusion thereon.

In connection with my audit of the financial statements, my responsibility is to read the other information

identified above and, in doing so, consider whether the other information is materially inconsistent with

the financial statements or my knowledge obtained in the audit, or otherwise appears to be materially

misstated.



If, based on the work I will perform on this other information, I conclude that there is a material

misstatement of this other information, I am required to communicate the matter to those charged with

governance.

Responsibilities of management and those charged with governance for the financial statements

Management is responsible for the preparation and fair presentation of the financial statements in

accordance with Canadian public sector accounting standards, and for such internal control as

management determines is necessary to enable the preparation of the financial statements that are free

from material misstatement, whether due to fraud or error.

In preparing the financial statements, management is responsible for assessing Alberta Social Housing

Corporation’s ability to continue as a going concern, disclosing, as applicable, matters related to going

concern and using the going concern basis of accounting unless an intention exists to liquidate or to

cease operations, or there is no realistic alternative but to do so.

Those charged with governance are responsible for overseeing the Alberta Social Housing Corporation’s

financial reporting process.

Auditor's responsibilities for the audit of the financial statements

My objectives are to obtain reasonable assurance about whether the financial statements as a whole are

free from material misstatement, whether due to fraud or error, and to issue an auditor's report that

includes my opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an

audit conducted in accordance with Canadian generally accepted auditing standards will always detect a

material misstatement when it exists. Misstatements can arise from fraud or error and are considered

material if, individually or in the aggregate, they could reasonably be expected to influence the economic

decisions of users taken on the basis of these financial statements.

As part of an audit in accordance with Canadian generally accepted auditing standards, I exercise

professional judgment and maintain professional skepticism throughout the audit. I also:

Identify and assess the risks of material misstatement of the financial statements, whether due to

fraud or error, design and perform audit procedures responsive to those risks, and obtain audit

evidence that is sufficient and appropriate to provide a basis for my opinion. The risk of not detecting

a material misstatement resulting from fraud is higher than for one resulting from error, as fraud may

involve collusion, forgery, intentional omissions, misrepresentations, or the override of internal

control.

Obtain an understanding of internal control relevant to the audit in order to design audit procedures

that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the

effectiveness of Alberta Social Housing Corporation’s internal control.

Evaluate the appropriateness of accounting policies used and the reasonableness of accounting

estimates and related disclosures made by management.

Conclude on the appropriateness of management’s use of the going concern basis of accounting and,

based on the audit evidence obtained, whether a material uncertainty exists related to events or

conditions that may cast significant doubt on Alberta Social Housing Corporation’s ability to continue

as a going concern. If I conclude that a material uncertainty exists, I am required to draw attention in

my auditor’s report to the related disclosures in the financial statements or, if such disclosures are

inadequate, to modify my opinion. My conclusions are based on the audit evidence obtained up to the



date of my auditor’s report. However, future events or conditions may cause Alberta Social Housing

Corporation’s to cease to continue as a going concern.

Evaluate the overall presentation, structure and content of the financial statements, including the

disclosures, and whether the financial statements represent the underlying transactions and events in

a manner that achieves fair presentation.

I communicate with those charged with governance regarding, among other matters, the planned scope

and timing of the audit and significant audit findings, including any significant deficiencies in internal

control that I identify during my audit.

[Original Signed By]

W. Doug Wylie FCPA, FCMA, ICD.D

Auditor General

May 31, 2019

Edmonton, Alberta




Statement of Operations

Year ended March 31, 2019

2019 2018


(in thousands)

Revenues Government transfers

Government of Alberta grants $ 126,169 $ 313,182 $ 273,056

Federal government grants 112,164 91,078 125,986

Donations and other contributions - 2,509 2,985

Investment income 1,800 7,956 3,922

Other revenue 10,100 15,181 19,823

250,233 429,906 425,772

Expenses (Note 2(b) and Schedule 1)

Family Community Housing 86,939 106,152 89,005

Seniors Community Housing 84,511 86,953 113,809

Special Needs Housing 15,702 22,834 25,568

Rental Assistance 67,600 68,034 71,904

Emergency Housing (Note 4) 1,438 392 2,713

Interest on Debt for Social Housing 5,112 5,026 5,354

261,302 289,391 308,353

Annual surplus (deficit) (11,069) 140,515 117,419

Accumulated surplus at beginning of year 1,160,450 1,043,031

Accumulated surplus at end of year $ 1,300,965 $ 1,160,450

The accompanying notes and schedules are part of these financial statements.




Statement of Financial Position

As at March 31, 2019

2019

2018

(in thousands)

Financial assets Cash and cash equivalents (Note 5) $ 425,591 $ 419,421

Accounts receivable (Note 6) 138,420 89,446

Loans and advances (Note 7) 21,777 21,984

585,788 530,851

Liabilities

Accounts payable and accrued liabilities (Note 10) 41,030 58,642

Debt (Note 11) 50,694 54,915

Deferred contributions (Note 12) 146,298 152,087

238,022 265,644

Net financial assets 347,766 265,207

Non-financial assets

Tangible capital assets (Note 13) 1,037,638 961,895

Net assets before spent deferred capital contributions 1,385,404 1,227,102

Spent deferred capital contributions (Note 12) 84,439 66,652

Net assets $ 1,300,965 $ 1,160,450

Contingent assets (Note 8) Contractual rights (Note 9) Contingent liabilities (Note 14) Contractual obligations (Note 15)





Statement of Change in Net Financial Assets

Year Ended March 31, 2019

2019 2018


(in thousands)

Annual surplus (deficit) $ (11,069) $ 140,515 $ 117,419

Acquisition of tangible capital assets (Note 13) (235,140) (114,396) (113,450)

Amortization of tangible capital assets (Note 13) 38,968 35,245 36,192

Net gain on disposal of tangible capital assets (300) (1,553) (2,116)

Proceeds on sale/disposal of tangible capital assets 2,230 2,128

Writedowns of tangible capital assets - 113

Transfer in of tangible capital assets (25) (502)

Transfer out of tangible capital assets 2,756 14,688

Net increase in spent deferred capital contributions 17,787 66,652

(Note 12)

Increase in net financial assets

82,559

121,124

Net financial assets at beginning of year 265,207 144,083

Net financial assets at end of year $ 347,766 $ 265,207





Statement of Cash Flows


2019

2018

(in thousands)

Operating transactions Annual surplus $ 140,515 $ 117,419

Non-cash items included in annual surplus: Amortization of tangible capital assets (Note 13) 35,245 36,192

Net gain on disposal of tangible capital assets (1,553) (2,116)

Writedowns of tangible capital assets - 113

Transfer of tangible capital assets from other entities (25) (502)

Transfer of tangible capital assets to other entities 2,756 14,688

Deferred contributions recognized as revenue (Note 12) (8,192) (41,077)

168,746 124,717

Contributions restricted for operating (Note 12) - -

(Increase)/Decrease in accounts receivable (48,974) 80,540

Decrease in loans and advances 207 8,326

Decrease in accounts payable and accrued liabilities (17,612) (16,857)

Cash provided by operating transactions 102,367 196,726

Capital transactions

Acquisition of tangible capital assets (Note 13) (114,396) (113,450)

Proceeds on sale/disposal of tangible capital assets 2,230 2,128

Cash applied to capital transactions (112,166) (111,322)

Financing transactions

Contributions restricted for capital (Note 12) 20,190 51,150

Debt retirement (4,221) (3,882)

Cash provided by financing transactions 15,969 47,268

Increase in cash and cash equivalents 6,170 132,672

Cash and cash equivalents at beginning of year 419,421 286,749

Cash and cash equivalents at end of year $ 425,591 $ 419,421





Notes to the Financial Statements

March 31, 2019

Note 1 AUTHORITY AND PURPOSE

The Alberta Social Housing Corporation (the Corporation) is an agent of the Crown in right

of Alberta established in 1995 by the Alberta Housing Act and operates under the

authority of the Alberta Housing Act , Chapter A-25, Revised Statutes of Alberta 2000.

The Act is administered by the Department of Seniors and Housing.

The mandate of the Corporation is to provide services that facilitate the provision of

affordable housing options through community based housing organizations to low-income

seniors, families, individuals and those with special needs. The Corporation owns and

administers the Crown's portfolio of housing assets and manages provincial debts and

intergovernmental agreements associated with those assets. This includes administering

the sale of provincially owned properties that are no longer efficient or effective for social

housing programs. The Corporation also oversees the provincial commitments and

entitlements remaining from discontinued business activities such as mortgages and loan

guarantees.

The Corporation is a crown agent of the Government of Alberta and as such has a tax exempt status.

Note 2 SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES AND REPORTING PRACTICES

These financial statements are prepared in accordance with Canadian Public Sector

Accounting Standards.

(a) Reporting Entity

The financial statements reflect the assets, liabilities, revenues, and expenses of the

Corporation.

The reporting entity is the Corporation, which is part of the Ministry of Seniors and

Housing and for which the Minister of Seniors and Housing is accountable. The other

entity reporting to the minister is the Department of Seniors and Housing. The

activities of the department are not included in these financial statements. The ministry

annual report provides a more comprehensive accounting of the financial position and

results of the ministry's operations for which the minister is accountable.

(b) Basis of Financial Reporting

Revenues All revenues are reported on the accrual basis of accounting.




Notes to the Financial Statements (Cont’d)

March 31, 2019


(Cont’d)

(b) Basis of Financial Reporting (Cont’d)

Revenues (Cont’d)

Government transfers

Transfers from all governments are referred to as government transfers.

Government transfers are recognized as deferred revenue and/or deferred capital contributions if the eligibility criteria for use of the transfer, or the stipulations together with the Corporation's actions and communications as to the use of transfer, create a liability. These transfers are recognized as revenue as the stipulations are met and, when applicable, the Corporation complies with its communicated use of these transfers.

All other government transfers, without stipulations for the use of the transfer, are

recognized as revenue when the transfer is authorized and the Corporation meets the

eligibility criteria (if any).

Donations and non-Government contributions

Donations and non-government contributions are received from individuals,

corporations, and private sector not-for-profit organizations. Donations and non-

government contributions may be unrestricted or externally restricted for operating or

capital purposes.

Unrestricted donations and non-government contributions are recognized as revenue in

the year received or in the year the funds are committed to the Corporation if the

amount can be reasonably estimated and collection is reasonably assured.

Externally restricted donations and non-government contributions are recognized as

deferred revenue if the terms for their use, or the terms along with the Corporation’s

actions and communications as to the use, create a liability. These resources are

recognized as revenue as the terms are met and, when applicable, the Corporation

complies with its communicated use.

In-kind donations of materials are recognized at fair value when such value can

reasonably be determined.

Expenses

Expenses are reported on an accrual basis. The cost of all goods consumed and

services received during the year are expensed. Interest expense includes debt

servicing costs.





March 31, 2019


(Cont’d)


Expenses (Cont’d)

Transfers include entitlements, grants and transfers under shared cost agreements.

Grants and transfers are recognized as expenses when the transfer is authorized,

eligibility criteria have been met by the recipient, and a reasonable estimate of the

amounts can be made.

Valuation of Financial Assets and Liabilities

The organization’s financial assets and liabilities are generally measured as follows:

Financial Statement Component Measurement

Cash and cash equivalents Cost

Accounts receivable Lower of cost or net recoverable value

Loans and advances Lower of cost or net recoverable value

Accounts payable and accrued liabilities Cost

Debt Amortized cost

Financial Assets

Financial assets are assets that could be used to discharge existing liabilities or

finance future operations and are not for consumption in the normal course of

operations.

Financial assets are the Corporation’s financial claims on external organizations

and individuals, at the year end.

Cash and cash equivalents

Cash comprises of cash on hand. Cash equivalents are short-term, highly liquid,

investments that are readily convertible to known amounts of cash and that are

subject to an insignificant risk of change in value. Cash equivalents are held for the

purpose of meeting short-term commitments rather than for investment purposes.

Accounts receivable

Accounts receivable are recognized at the lower of cost or net recoverable value.

A valuation allowance is recognized when recovery is uncertain.

Loans and advances

Loans and advances are recognized at the lower of cost or net recoverable value.

Cost includes amounts advanced, accrued interest and other charges, less

repayments and subsidies. Loans and advances include mortgages and advances

to housing providers to address short-term cash flow needs for specified projects and

operating pressures.





March 31, 2019


(Cont’d)


Liabilities

Liabilities are present obligations of the Corporation to external organizations and

individuals arising from past transactions or events occurring before the year end,

the settlement of which is expected to result in the future sacrifice of economic

benefits. They are recognized when there is an appropriate basis of measurement

and management can reasonably estimate the amounts.

Non-Financial Assets

Non-financial assets are acquired, constructed, or developed assets that do not

normally provide resources to discharge existing liabilities, but instead:

(a) are normally employed to deliver government services;

(b) may be consumed in the normal course of operations; and

(c) are not for sale in the normal course of operations.

Non-financial assets are limited to tangible capital assets.

Tangible capital assets

Tangible capital assets are recognized at cost less accumulated amortization, which

includes amounts that are directly related to the acquisition, design, construction,

development, improvement or betterment of the assets.

Work in progress, which includes facilities and improvements projects and

development of information systems is not amortized until after a project is complete

(or substantially complete) and the asset is put into service.

Leases of tangible capital assets which transfer substantially all the benefits and risks

of ownership are accounted for as leased tangible capital assets. Note 15 provides a

schedule of repayments on the leases.

The cost of the tangible capital assets, excluding land, is amortized on a straight-line

basis over their estimated useful lives as follows:

Buildings 10-50 Years

Computer hardware and software 3-10 Years

Other 5-10 Years

Tangible capital assets are written down when conditions indicate that they no longer

contribute to the Corporation’s ability to provide goods and services, or when the

value of future economic benefits associated with the tangible capital assets are less

than their net book value. The net write-downs are accounted for as expenses in the

Statement of Operations.





March 31, 2019


(Cont’d)


Non-Financial Assets (Cont’d)

Tangible capital assets (Cont’d)

The threshold for capitalizing new systems development is $250,000 and the threshold

for major systems enhancements is $100,000. The threshold for all other tangible

capital assets is $5,000.

Contributed tangible capital assets from non-related entities are recognized at their

fair value at the time of contribution.

When physical assets (tangible capital assets) are gifted or are sold for a nominal

sum, the net book value of these physical assets, less any nominal proceeds, are

recognized as grants in kind.

Measurement Uncertainty

(in thousands)

Measurement uncertainty exists when there is a variance between the recognized

or disclosed amount and another reasonably possible amount. Estimates relating

to the determination of the Housing Management Bodies accounts receivable

recognized/disclosed as $14,169 (2018 - $14,124) in these financial statements, is

subject to measurement uncertainty. This balance is based on budgeted figures

which may not reflect actual audited amounts. It is possible that the actual

Housing Management Bodies accounts receivable could vary by as much as two

per cent at March 31, 2019, resulting in a difference in the Housing Management

Bodies accounts receivable as high as $300.

Financial Instruments

Financial instruments consist of cash and cash equivalents, accounts receivable,

loans and advances, accounts payable and accrued liabilities, and debt. They are

initially recognized at cost and subsequently carried at amortized cost. Write-downs

on financial assets are recognized when the amount of a loss is known with

sufficient precision and there is no reasonable expectation of recovery. The

Corporation does not own any derivatives, portfolio investments or other financial

instruments designated in the fair value category and as such has not included a

Statement of Remeasurement Gains and Losses.





March 31, 2019


(Cont’d)


Risk Management

The Corporation has minimal exposure to credit risk, liquidity risk and interest rate

risk due to the nature of its operations. The primary creditors of the Corporation are

the Government of Alberta and the federal government. Both governments provide

operational support to the Corporation, thus reducing exposure to credit risk.

Liquidity risk is minimized given the cash and cash equivalents balance within the

Corporation and the annual operational funding provided by the Department of

Seniors and Housing for debt repayment. As interest rates on debt are fixed, the

Corporation is not exposed to interest rate fluctuation risk because the future cash

flows of the debt will not fluctuate with future market interest rate changes.

(c) Change in Accounting Policy

The Corporation has prospectively adopted the following standard from April 1, 2018:

PS 3430 Restructuring Transactions. The adoption of this standard did not

affect the financial statements.

Note 3 FUTURE ACCOUNTING CHANGES

The Public Sector Accounting Board has approved the following accounting standards:

• PS 3280 Asset Retirement Obligations (effective April 1, 2021)

Effective April 1, 2021, this standard provides guidance on how to account for and report

liabilities for retirement of tangible capital assets.

• PS 3400 Revenue (effective April 1, 2022)

This standard provides guidance on how to account for and report on revenue, and

specifically, it addresses revenue arising from exchange transactions and unilateral

transactions.

Management is currently assessing the impact of these standards on the financial statements.





March 31, 2019

Note 4 PROVINCIAL DISASTER RECOVERY

(in thousands)

2013 Southern Alberta Flood

The 2013 Southern Alberta Flood was the largest and most complex natural disaster that

Alberta had experienced that led to significant recovery and stabilization efforts by the

Government of Alberta. The disaster caused major damage to housing and infrastructure

in 30 communities, with over 14,000 homes impacted that housed over 30,000 Albertans.

The flooding also caused major damage to homes in the Siksika and Stoney Nakoda First

Nations communities affecting over 650 homes that housed over 4,100 people.

During 2013-14, the Corporation was assigned responsibility to provide emergency and

interim housing for displaced Albertans as well as direct support to Housing Management

Bodies that were impacted by the flood. In addition, the Corporation was asked by the

Ministry of Indigenous Relations to assist with the provision of emergency and interim

housing, as well as inspections, repairs and rebuilds of homes on both First Nations

communities. The approved budget to repair and rebuild flood affected homes to

provincial health and housing standards on both First Nations totalled $345 million.

Costs incurred

The costs incurred by the Corporation in response to the flood have been fully offset by the

Government of Alberta through the ministries of Municipal Affairs and Indigenous Relations

and the Department of Seniors and Housing which will reflect the costs. Neither the costs

incurred by the Corporation during the year or the reimbursement are reflected in these

financial statements. The amount incurred related to the flood total $7,576 (2018 -

$25,248). Funds due to or payable from the Corporation reflecting flood related amounts

are included in these statements.

Note 5 CASH AND CASH EQUIVALENTS

(in thousands)

Cash and cash equivalents consist of:=

2019 2018

Cash

$ 424,891

$ 418,265

Cash equivalents 700 1,156

$ 425,591 $ 419,421

Cash includes deposits in the Consolidated Cash Investment Trust Fund (CCITF) of the

Province of Alberta. The CCITF is managed with the objective of providing competitive

interest income to depositors while maintaining appropriate security and liquidity of

depositors’ capital. The portfolio is comprised of high quality short term securities with a

maximum term to maturity of three years. As at March 31, 2019, securities held by the

fund have a time-weighted return of 1.8% per annum (2018: 1.1% per annum). Due to

the short term nature of CCITF investments, the carrying value approximates fair value.





March 31, 2019

Note 6 ACCOUNTS RECEIVABLE

(in thousands)

Accounts receivable are unsecured and non-interest bearing.

2019 2018

Gross

amount

Allowance

for

doubtful

accounts

Net

realizable

value

Net

realizable

value

Alberta Indigenous Relations(a) $ 2,394 $ - $ 2,394 $ 13,244

Alberta Risk Management Fund(a) 4,168 - 4,168 4,507

Canada Mortgage and Housing

Corporation 22,731 - 22,731 53,887

Department of Seniors and Housing 91,474 - 91,474 1,128

Housing Providers 14,169 - 14,169 14,124

Other 3,484 - 3,484 2,556

$ 138,420 $ - $ 138,420 $ 89,446

(a) Costs incurred by the Corporation in response to the 2013 Southern Alberta Flood,

have been fully offset through the ministries of Municipal Affairs and Indigenous

Relations, Department of Seniors and Housing, as well as the Alberta Risk

Management Fund. All flood related funds due to the Corporation totalling $2,394

(2018 - $13,244) is from Alberta Indigenous Relations.

(a) Housing Providers are provided an advance based on the number of housing units

under management in order to address short term operating cash flow requirements

during the year. These cash advances can be collected at any time at the discretion of

the minister. These funds are required to be replenished by the Housing Providers.

Note 7 LOANS AND ADVANCES

(in thousands)

2019 2018

Gross amount

Allowance for

doubtful

accounts

Net

realizable

value

Net

realizable

value

Housing Providers' Reserves(a) $ 5,135 $ - $ 5,135 $ 5,127

Rental Assistance(b) 14,207 - 14,207 14,327

Other Loans and Advances(c) 2,435 - 2,435 2,530

$ 21,777 $ - $ 21,777 $ 21,984





March 31, 2019

(b) Housing Management Bodies are provided an advance for approximately two

months of anticipated annual operational funding requirements to administer the

Rental Assistance Program. These cash advances can be collected at any time at

the discretion of the minister. These cash advances are replenished as monthly

claims are processed.

(c) Other Loans and Advances includes work-out loans totalling $688 (2018 - $783)

with repayment terms as follows:

Principal Interest Total payments

2019-20 $ 99 $ 24 $ 123

2020-21 102 21 123

2021-22 106 17 123

2022-23 110 14 123

2023-24 113 10 123

Thereafter 158 11 170

$ 688 $ 97 $ 785

Note 8 CONTINGENT ASSETS

(in thousands)

The Corporation submitted insurance claims where possible assets are being sought. The

outcomes from these matters will likely result in recognition of assets. These amounts

have not been recognized in the financial statements.

The Corporation is involved in seventy-nine (2018: ninety-two) outstanding insurance claims

which will reasonably give rise to the recovery of assets. Of these insurance claims, seventy-

nine (2018: ninety-two) have a specified amount of $2,961 (2018: $6,052). No (2018: zero)

insurance claims have no amount specified.

Note 7 LOANS AND ADVANCES (Cont’d)

(in thousands)





March 31, 2019

Note 9 CONTRACTUAL RIGHTS

(in thousands)

Contractual rights are rights of the Corporation to economic resources arising from contracts

or agreements that will result in both assets and revenues in the future when the terms of

those contracts or agreements are met.

Contractual rights from operating leases and contracts(a)

(a) Contractual rights are comprised primarily of future federal funding from

Canada Mortgage and Housing Corporation (CMHC) for housing programs and

initiatives.

Estimated amounts that will be received or receivable for each of the next five years and

thereafter are as follows:

Note 10 ACCOUNTS PAYABLE AND ACCRUED LIABILITIES

(in thousands)

2019 2018

Accounts payable $ 7,514 $ 4,183

Accrued liabilities - supplies and services 657 2,002

Accrued liabilities - grants 555 22,104

Accrued liabilities - capital 25,869 26,735

Hold back liabilities 5,757 2,969

Other accrued liabilities(a) 678 649

$ 41,030 $ 58,642

(a) Other accrued liabilities is comprised primarily of $590 (2018 - $576) for amounts

potentially owing to Alberta Risk Management Fund and Housing Management Bodies

for open insurance claims.

2019 2018

$ 969,039 $ 735,692

Total

2019-20 $ 107,274

2020-21 101,929

2021-22 99,479

2022-23 113,684

2023-24 106,095

Thereafter 440,578

$ 969,039





March 31, 2019

Note 11 DEBT

(in thousands)

Fiscal year of maturity ending March 31

Effective

interest rate(a)

2019

2018

Fixed rate debt

2019 - $ - $ 4,221

2020 9.47% 4,590 4,590

2021 9.51% 4,939 4,939

2022 9.58% 5,196 5,196

2023 9.64% 5,542 5,542

2024 9.68% 5,498 -

Principal due in: less than 5 years 9.58% 25,765 24,488

6 - 10 years 9.72% 24,509 27,706

11 - 20 years 9.72% 420 2,721

Total debt issued 9.65% $ 50,694 $ 54,915

(a) The effective interest rate is based on the weighted average of debt issues. The

effective rate is the rate that exactly discounts estimated future cash payments

through the expected term of the debt to the net carrying amount and includes the

effects of interest rate.





March 31, 2019

Note 12 DEFERRED CONTRIBUTIONS

(in thousands)

2019 2018

Deferred revenue (a) $ 74,035 $ 79,911

Unspent deferred capital contributions and transfers (b) 72,263 72,176

Spent deferred capital contributions and transfers (c) 84,439 66,652

$ 230,737 $ 218,739

(a) Deferred revenue 2019 2018

Balance at beginning of year $ 79,911 $ 87,258

Cash contributions received/receivable during year - -

Less: amounts recognized as revenue (5,876) (7,347)

Balance at end of year $ 74,035 $ 79,911

(b) Unspent deferred capital contributions and transfers 2019 2018

Balance at beginning of year $ 72,176 $ 121,408

Cash contributions received/receivable during year 20,190 51,150

Transferred to spent deferred capital contributions and transfers (20,103) (66,253)

Transferred to spent deferred capital contributions and transfers

in prior years(i) - (34,129)


(c) Spent deferred capital contributions and transfers 2019 2018

Balance at beginning of year $ 66,652 $ -

Transferred from unspent deferred capital contributions and

transfers 20,103 100,382

Less: amounts recognized as revenue (2,316) (33,730)


(i) Adjustments are primarily due to reallocation of annual project costs.





March 31, 2019

Note 13 TANGIBLE CAPITAL ASSETS (in thousands)

Land Buildings(a)

Computer Hardware

& Software Others(b) 2019 Total

2018 Total

Estimated Useful Life Indefinite 10-50 yrs 3-10 yrs 5-10 yrs

Historical Cost (c)

Beginning of year $ 167,595 $ 1,594,618 $ 5,185 $ 1,993 $ 1,769,391 $ 1,673,657

Additions(d) 3,157

110,090

984 190

114,421

113,952

Disposals, including write-downs(e)

(1,231)

(5,802)

-

(1,696)

(8,729)

(18,218)

169,521 1,698,906 6,169 487 1,875,083 1,769,391

Accumulated Amortization

Beginning of year - 802,752 3,436 1,308 807,496 774,709

Amortization expense - 35,072 41 132 35,245 36,192 Effect of disposals including write-downs - (4,097) - (1,199) (5,296) (3,405)

- 833,727 3,477 241 837,445 807,496

Net Book Value at March 31, 2019 $ 169,521 $ 865,179 $ 2,692 $ 246 $ 1,037,638

Net Book Value at March 31, 2018 $ 167,595 $ 791,866 $ 1,749 $ 685 $ 961,895

(a) Seniors and special needs buildings are amortized over 50 years, community

housing buildings over 40 to 50 years and all other buildings over 10 to 25

years.

(b) Other tangible capital assets include leasehold improvements (amortized over

the life of the lease), manufactured housing units and trailers.

(c) Historical cost includes work-in-progress at March 31, 2019, totalling $239,010

comprised of buildings $236,556 (2018 - $230,269) and computer hardware and

software $2,454 (2018 - $1,470).

(d) Additions include non-cash acquisitions for donated tangible capital assets totalling $25

(2018 - $502).

Additions include costs incurred this year totalling $56,618 (2018 - $0) for

the Corporation's proportionate share of co-owned tangible capital assets

with various third parties.





March 31, 2019

Note 13 TANGIBLE CAPITAL ASSETS (Cont’d) (in thousands)

(e) Disposals include non-cash disposals totalling $2,806 comprised of

transfers of tangible capital assets to other entities $0 (2018 - $13,568) and

grant-in-kind $2,806 (2018 - $1,120).

Note 14 CONTINGENT LIABILITIES

(in thousands)

The Corporation is involved in legal matters where damages are being sought. These

matters may give rise to contingent liabilities.

The Corporation is named in fourteen (2018: sixteen) claims, the outcome of which is not

determinable. Of these claims, thirteen (2018: sixteen) have a total amount claimed of

$18,690 (2018: $19,196). One remaining (2018: zero) claim has no amount specified.

Included in the total indeterminable claims are fourteen (2018: sixteen) claims in which

the Corporation has been jointly named with other organizations.

The resolution of indeterminable claims may result in a liability, if any, that may be

significantly lower than the claimed amount.





March 31, 2019

Note 15 CONTRACTUAL OBLIGATIONS

(in thousands)

Contractual obligations are obligations of the Corporation to others that will become

liabilities in the future when the terms of those contracts or agreements are met. Grants

for housing providers approved for future years have been included as a program

obligation.

2019 2018

Obligations under operating contracts, programs and leases(a)

$ 212,957

$ 277,695

Obligations under capital contracts and grants 287,865 125,066

$ 500,822 $ 402,761

(a) Obligations for Southern Alberta Flood contracts are excluded as they have

been set up as accrued liabilities in the ministries of Municipal Affairs and

Indigenous Relations.

Estimated payment requirements for each of the next five years and thereafter are as follows:

Operating

contracts and

programs(b)

Operating

leases(c)

Capital

contracts(d)

Capital

grants(e) Total

2019-20

$ 33,401

$ 1,347

$ 241,597

$ 13,617

$ 289,962

2020-21 30,204 1,347 18,813 1,099 51,463

2021-22 28,650 1,347 11,058 336 41,391

2022-23 25,253 1,347 520 55 27,175

2023-24 22,056 1,347 - 770 24,173

Thereafter 45,443 21,215 - - 66,658

$ 185,007 $ 27,950 $ 271,988 $ 15,877 $ 500,822

(b) Primarily grants committed for future years under agreement with Housing Providers

that would fund operating supports and amortization costs.

(c) The Corporation leases land under various leases for the purpose of providing social housing.

(d) Capital contracts are made up of the Corporation's development projects

and capital asset maintenance.

(e) Amounts committed to housing providers for capital grants.





March 31, 2019

Note 16 COMPARATIVE FIGURES

Certain 2018 figures have been reclassified to conform to the 2019 presentation.

Note 17 APPROVAL OF FINANCIAL STATEMENTS

The Board approved the financial statements of the Corporation.




Expenses - Detailed By Object Schedule 1


2019 2018


(in thousands)

Supplies and services $ 7,535 $ 7,651 $ 8,432

Operating grants 177,520 183,868 167,647

Capital grants 32,167 57,414 76,855

Debt servicing costs 5,112 5,184 5,546

Transfer of tangible capital assets to other entities - - 13,568

Amortization of tangible capital assets (Note 13) 38,968 35,245 36,192

Other - 29 113

$ 261,302 $ 289,391 $ 308,353

Other Financial Information



Related Party Transactions Schedule 2


Related parties are those entities consolidated or accounted for on the modified equity basis in the

Government of Alberta’s Consolidated Financial Statements. Related parties also include key

management personnel and close family members of those individuals in the Department of Seniors

and Housing.

The Corporation had the following transactions with related parties reported in the Statements of

Operations and the Statements of Financial Position at the amount of consideration agreed upon

between the related parties:

2019 2018

(in thousands)

Revenues

Grants

Transfers from the Department of Seniors and Housing $ 305,116 $ 273,056

Transfers from Alberta Health 8,066 -

$ 313,182 $ 273,056

Expenses

Grants - 110

Insurance premiums 5,290 5,236

Other services 56 -

Transfer of tangible capital assets - 13,568

$ 5,346 $ 18,914

Receivable from

Alberta Indigenous Relations 2,394 13,244

Alberta Risk Management Fund 4,168 4,507

Department of Seniors and Housing 91,474 1,128

$ 98,036 $ 18,879

Payable to

Alberta Health Services 1,490 -

Alberta Justice 41 41

Alberta Risk Management Fund 590 530

Alberta Treasury Board and Finance 436 735

Department of Seniors and Housing - 20

Service Alberta 56 -

$ 2,613 $ 1,326




Table of Contents

Lapse/Encumbrance (unaudited) ............................................................................................. 60



Lapse/Encumbrance (unaudited)

Department of Seniors and Housing

Year Ended March 31, 2019 (in thousands)

Voted

Estimate (1) Supplementary

Supply (2)

Adjusted Voted

Estimate Voted

Actuals (3) Unexpended

(Over Expended)

Program - Operating Expense

1 Ministry Support Services

1.1 Minister's Office $ 663 $ - $ 663 $ 768 $ (105)

1.2 Deputy Minister's Office 725

- 725

772

(47)

1.3 Strategic Corporate Services 4,488 (672) 3,816

3,834

(18)

5,876

(672) 5,204

5,374

(170)

2 Seniors Services

2.1 Program Planning and Delivery 6,711

- 6,711

5,761

950

2.2 Special Needs Assistance Grants 23,090

3,600 26,690

25,118

1,572

2.3 Seniors Home Adaptation and Repair 2,000

- 2,000

548

1,452

2.4 Seniors Community Grants 1,801 - 1,801

1,947

(146)

2.5 Seniors Advocate 981

- 981

803

178

34,583

3,600 38,183

34,177

4,006

3 Alberta Seniors Benefit

3.1 Program Delivery 5,883

- 5,883

6,741

(858)

3.2 Alberta Seniors Benefit Grants 274,418

13,200 287,618

301,254

(13,636)

3.3 Supplementary Accommodations Benefit 91,400

400 91,800

82,785

9,015

371,701

13,600 385,301

390,780

(5,479)

4 Housing

4.1 Program Planning and Delivery 11,679

- 11,679

12,114

(435)

4.2 Assistance to Alberta Social Housing Corporation 126,169 100 126,269

122,169

4,100

137,848 100 137,948

134,283

3,665

Total $ 550,008 $ 16,628 $ 566,636 $ 564,614 $ 2,022

Lapse $ 2,022



Voted

Estimate (1) Supplementary

Supply (2)

Adjusted Voted

Estimate Voted

Actuals (3) Unexpended

(Over Expended)

Capital Payments to Related Parties

4 Housing

4.2

Assistance to Alberta Social Housing Corporation $ 182,947 $ - $ 182,947 $ 182,947 $ -

Total $ 182,947 $ - $ 182,947 $ 182,947 $ -

Lapse $ -

Financial Transactions

2 Seniors Services

2.3 Seniors Home Adaptation and Repair $ 11,500 - $ 11,500 $ 6,375 $ 5,125

2.6 Property Tax Deferral 8,200 - 8,200 7,438 762

Total $ 19,700 $ - $ 19,700 $ 13,813 $ 5,887

Lapse $ 5,887

(1) As per "Expense Vote by Program", "Capital Investment Vote by Program" and "Financial Transaction Vote by Program" page of 2018-19 Government Estimates.

(2) Per the Special Warrant (No. 001/2019) for Supplementary Supply approved on March 29, 2019 (Order in

Council No. 084/2019). This disclosure is made pursuant to section 30 of the Financial Administration Act.

(3) Actuals exclude non-voted amounts such as amortization and valuation adjustments.

Annual Report Extracts and Other Statutory Reports


Annual Report Extracts and Other Statutory Reports

Public Interest Disclosure (Whistleblower Protection Act)

Section 32 of the Public Interest Disclosure (Whistleblower Protection) Act reads:

32(1) Every chief officer must prepare a report annually on all disclosures that have been made to the

designated officer of the department, public entity or office of the Legislature for which the chief

officer is responsible.

(2) The report under subsection (1) must include the following information:

(a) the number of disclosures received by the designated officer, the number of disclosures

acted on and the number of disclosures not acted on by the designated officer;

(b) the number of investigations commenced by the designated officer as a result of disclosures;

(c) in the case of an investigation that results in a finding of wrongdoing, a description of the

wrongdoing and any recommendations made or corrective measures taken in relation to the

wrongdoing or the reasons why no corrective measure was taken.

(3) The report under subsection (1) must be included in the annual report of the department, public

entity or office of the Legislature if the annual report is made publicly available.

There were no disclosures of wrongdoing filed with the public interest disclosure office for Seniors and

Housing between April 1, 2018 and March 31, 2019.

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